PicoCELA, Inc. ADR ( (PCLA) ) has released a notification of late filing.
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PicoCELA, Inc. ADR has filed a Form 12b-25 to notify investors of a delay in submitting its Form 20-F (Yearly Report) for the fiscal year ended September 30, 2025. The company says it could not complete the annual filing on time due to the time-consuming compilation, dissemination, and review of the detailed information required for the Form 20-F (Yearly Report). Management notes that finishing this work by the original deadline would have caused undue hardship and expense.
The company expects to file the delayed Form 20-F (Yearly Report) no later than the fifteenth calendar day after the prescribed due date, which is the standard extension period allowed under the SEC’s rules for late annual reports. PicoCELA confirms that all other required periodic reports over the past 12 months have been filed on time.
Importantly for investors, PicoCELA states that it does not anticipate any significant change in its results of operations compared with the prior fiscal year in the earnings statements that will be included in the upcoming Form 20-F (Yearly Report). As with all such notifications, these statements about the expected timing of the filing and the absence of major changes in results are forward-looking and could be affected by unforeseen developments in the reporting process.
The company indicates it is continuing its reporting and compliance efforts to complete the annual filing within the allowed extension window. The notification was signed on January 30, 2026, by Chief Executive Officer Hiroshi Furukawa, underscoring executive-level oversight of the delayed filing and the company’s commitment to meeting its U.S. disclosure obligations.
More about PicoCELA, Inc. ADR
PicoCELA, Inc. is a Japan-based technology company headquartered in Tokyo. It focuses on advanced wireless networking solutions, including enterprise Wi-Fi systems that aim to reduce wiring costs and improve network coverage and reliability. The company’s shares trade in the U.S. through American Depositary Receipts (ADRs), bringing it under U.S. securities reporting requirements.
Average Trading Volume: 709,476
Technical Sentiment Signal: Strong Sell
Current Market Cap: $26.92M
See more data about PCLA stock on TipRanks’ Stock Analysis page.

